Dr_Aditya_Jalan

Rounding bottom pattern with Ratio chart breakout

Long
NSE:BALKRISIND   BALKRISHNA INDS
It has formed a rounding bottom pattern after 2 years consolidation. It has showed Relative outperformance wrt benchmark index for quite a long time. Ratio chart has given a clear breakout. 40% upside is possible in days to come. R:R is favourable as of date.

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